Mark Zuckerberg says engineers who joined Meta in-person perform better than those who joined remotely

Mark Zuckerberg, co-founder and CEO of Facebook parent Meta, has pointed to internal data analysis that suggests engineers who initially joined the company in an in-person capacity performed better than those who joined remotely from the get-go. He also suggested that younger engineers, or more accurately those who are “earlier in their career,” perform better…

FDIC auction for SVB assets said to be underway

An auction for the remaining assets of the failed Silicon Valley Bank is reportedly underway, with final bids due this afternoon and a result potentially arriving late Sunday, according to Bloomberg. Bloomberg says that the U.S. Federal Deposit Insurance Corp. (FDIC), which stepped in and shut down SVB on Friday as it was experiencing an unprecedented…